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Technology Stocks : Micron Only Forum
MU 201.37-10.9%Nov 20 3:59 PM EST
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To: Thomas G. Busillo who wrote (41521)12/19/1998 5:14:00 PM
From: DJBEINO  Read Replies (1) of 53903
 
Fujitsu Trims DRAM Production

Fujitsu <TOKYO:6702> aims to reduce its reliance on the unstable
DRAM market by halving the amount of general-use DRAMs produced
in-house. The company will instead outsource the work to Taiwan
Semiconductor Manufacturing, probably before FY00.
This plan will complement the agreement recently forged with
Toshiba <TOKYO:6502> to jointly develop a 1G DRAM, which will not only
lessen the company's dependence on DRAM operations but also trim
associated expenses because the two companies will share the cost
of massive investment required for mass-production facilities.
FY99 investment in chip-related facilities will probably be
around 80 billion yen, on a par with FY98, which was half of that
allocated in FY97.
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